TRON (TRX) — Onchain News & Whale Tracking

Japanese and South Korean stock markets extended their opening declines: the KOSPI index fell 3.03%, with SK Hynix and Samsung Electronics down 4%.

According to Bitget market data, South Korea’s KOSPI index opened 232.32 points lower, down 3.03% to 7423.99 points. SK Hynix and Samsung Electronics fell 4%. The Nikkei 225 index opened 615.03 points lower, down 0.90% to 67641.93 points.

Federal Reserve’s John Williams: Expects continued strong investment in AI.

Fed's John Williams noted that he expects continued strong investment in artificial intelligence, with relatively balanced risks to the labor market. The recent inflation outlook has grown more positive due to energy prices, he added. The path of monetary policy will hinge on data and risks, and the Fed is prepared to achieve its policy goals. (Jinshi)

Raymond James assigns a "Strong Buy" rating to SpaceX, with a target price of $800.

Raymond James has initiated coverage on SpaceX, assigning a "Strong Buy" rating with an $800 target price. Per market data from BIT (bit.com), SpaceX’s US stock pre-market trading is down 1.18%, currently trading at $158.52.

Morningstar: Samsung Electronics' revenue expectations may disappoint investors.

Morningstar analyst Jing Jie Yu said investors may feel somewhat disappointed with Samsung Electronics' revenue outlook. He noted that the company’s projected operating profit is in line with market expectations, but its revenue forecast of 171 trillion won is slightly below the consensus. This underperformance is likely due to DRAM price increases falling short of expectations, which may have spooked investors who were increasingly betting on a structural rally in memory chip prices. As investors grew more cautious, Samsung Electronics’ stock closed down 6.9%, trimming its year-to-date gain to just under 150%.

Yilihua: Bitcoin must strongly break through $68,000 to confirm a reversal; if it fails to do so, it will probe for a bottom again.

Liquid Capital (formerly LD Capital) founder Yilihua stated, "Bitcoin remains in a weekly downtrend. Only a strong breakout above $68,000 will spark a meaningful reversal; failing that, it will retest the bottom, and we hope it avoids the worst-case scenario of dropping below $47,000." "In any event, we are fully preparing to buy the dip in the coming months—be greedy when others are fearful. Beyond major cryptocurrencies, we are also scouting for the next bull run’s 100x coin. During the last cycle, our dip investment in Render rallied nearly 180 times at its peak. While most tokens are junk, a tiny subset holds massive opportunities: first, they have fallen over 95% from their highs; second, the founding team is competent, aligned with trends and core needs like AI; ideally, they have solid finances, preferably profitable. Projects meeting these criteria can be recommended."

Markets brushed off Samsung's stellar earnings preview, with Samsung Electronics opening 3% lower.

According to Bitget market data, South Korea’s KOSPI index opened 96.78 points lower on Tuesday (July 7), down 1.2% to 7954.55 points. Samsung Electronics fell 3%, while SK Hynix dropped 1%. Earlier reports indicated that Samsung released its Q2 performance preview, showing its operating profit surged over 1800% year-on-year, with quarterly earnings exceeding the sum of the previous three years. Meanwhile, the company’s revenue also rose 129% year-on-year to 171 trillion won.

Bank of America: Semiconductors' strong performance drove growth funds to outperform the broader market, and active funds delivered strong results in June.

Bank of America released data showing that in June, 53% of large-cap active equity funds outperformed their benchmark indices. Mid-cap and small-cap active funds performed even more strongly, with 71% and 91% respectively beating their benchmarks. BofA noted that in the first half of 2026, growth-style funds overall outperformed value-style funds, boosted by the strong rally in semiconductor stocks, while value-style funds lagged relatively due to their lower allocation to semiconductor shares.

Samsung Electronics' foundry business returned to monthly profit in June, marking its first such performance in three years.

Samsung Electronics’ Foundry Business Division achieved monthly profitability in June this year, marking its first monthly profit since 2023. Industry analysts attribute this turnaround to rising orders for high-bandwidth memory (HBM) base chips and improved yield rates for advanced processes, which reduced fixed cost burdens and drove a recovery in profitability. Based on current trends, Samsung’s foundry business is expected to return to quarterly profitability in the third quarter. While overall second-quarter results remain weighed down by losses in April and May, making it difficult to confirm the entire quarter turned profitable, Samsung’s internal teams widely hold that the likelihood of achieving quarterly profitability in Q3 has risen significantly following June’s monthly profit. Analysts note this is the Foundry Business Division’s first monthly profit since 2023. Over the past years, the division has long operated at a loss, due to multiple factors including low yield rates for advanced processes, loss of major clients, and insufficient capacity utilization.

US and South Korean stocks Monday price preview: Micron Technology is forecast to rise more than 6% in pre-market trading, while Samsung Electronics is expected to open 4% higher.

Due to the U.S. Independence Day holiday (July 3), U.S. stock markets were closed last Friday, paired with the regular weekend closure. "On-chain Nasdaq" Trade.xyz enables continuous trading and real-time price discovery unavailable in traditional finance via perpetual contracts, pricing in advance for Monday’s U.S. and South Korean stock sessions. Top U.S. stock tickers on Trade.xyz showed mixed moves compared to Thursday’s after-hours trading, and are expected to consolidate with minor fluctuations ahead of Monday’s pre-market. Weekend performance details: Micron (MU) is currently at $1038.71, versus $976.63 in U.S. Thursday after-hours trading; SanDisk (SNDK) at $1856.65, versus $1762.011 Thursday after-hours; NVIDIA at $197.83, versus $194.44 Thursday after-hours; Intel at $124.2, versus $121 Thursday after-hours; Google at $360.06, versus $359.91 Thursday after-hours; AMD at $537.34, versus $519.5 Thursday after-hours; SpaceX at $161.27, versus $160.95 Thursday after-hours. For top South Korean stock tickers on Trade.xyz, their weekend performance is as follows: Samsung Electronics is currently at $210.49, versus $202.35 at Friday’s close; SK Hynix is at $1623.16, versus $1585 at Friday’s close.

In June, Tron hit new all-time highs with 26.97M active accounts and 385.77M transactions.

In June, Tron hit new all-time highs with 26.97M active accounts and 385.77M transactions.

Samsung Electronics submits latest HBM patent to solve reliability challenges of high-stacked memory.

Citrini researcher Jukan has revealed that Samsung Electronics has filed a new HBM patent, which addresses reliability challenges of high-stacked (12+ layers) memory by improving the structure of the topmost dummy die. The patent’s core design features a three-step stepped plus convex curved surface on the dummy die’s side, adopting a deep trench sawing process to reduce warpage, cracks and delamination, while optimizing thermal management and bonding interface cleanliness. Targeting 16+ layer products like HBM5, this innovation can notably boost yield and long-term stability, helping Samsung strengthen its competitiveness in the AI high-bandwidth memory market.

Michael Saylor’s First Public Statement Following MicroStrategy’s New Policy: Stronger Credit, Stronger Equity, More Bitcoin

MicroStrategy founder Michael Saylor delivered his first public remarks after the release of the "Digital Credit Capital Framework": "Stronger credit, stronger equity, more Bitcoin." Saylor’s declaration appears to explain the motivation behind the launch of the framework—specifically, the strategic logic of achieving more Bitcoin holdings by strengthening credit and equity structures.

Tech stocks’ strong rebound lifted the entire U.S. stock market to close higher across the board; the Philadelphia Semiconductor Index rose more than 3%, with MSTR surging over 12%.

U.S. tech stocks staged a strong rebound on Monday, lifting U.S. equities to broad gains. According to Bitget data, U.S. stocks closed higher on Monday: the Dow Jones Industrial Average rose 0.59%, the S&P 500 gained 1.18%, and the Nasdaq climbed 2.07%. Most major tech stocks advanced, with Tesla surging over 8%, SpaceX jumping more than 7%, and Google adding over 4%. The semiconductor sector rallied broadly: the Philadelphia Semiconductor Index rose 3.83%, KLA surged over 11%, Applied Materials gained more than 10%, TSMC climbed over 5%, ASML rose nearly 5%, Marvell Technology (MRVL) advanced over 4%, and AMD rose more than 3%. The storage sector also saw broad gains: Western Digital (WDC) jumped over 11%, Seagate Technology (STX) surged more than 7%, and Micron Technology added over 1% after earlier falling more than 9%. Cryptocurrency-related stocks rallied across the board, supported by Strategy’s new plan: MSTR rose 12.6%, STRC gained 12.2%. Additionally, CRCL climbed 3.25% and HOOD advanced 3.18%.

Goldman Sachs: US stocks likely to see another strong earnings season, with economic growth and the AI boom expected to drive earnings per share growth.

Goldman Sachs strategists said that driven by a "solid macro backdrop" and the artificial intelligence investment boom, the U.S. stock market is likely to see another strong earnings season. The team led by Ben Snider noted that the S&P 500’s earnings trend is strong enough to surpass analysts’ already elevated expectations. In a report, Snider wrote that AI infrastructure stocks are projected to contribute roughly 60% of second-quarter earnings per share (EPS) growth, with Micron Technology and NVIDIA together accounting for over 40% of that total.

South Korea's KOSPI index extended its decline to 3%, with Samsung Electronics down 5% and SK Hynix falling 4.5%.

According to Bitget market data, South Korea’s KOSPI index extended its decline to 3%, Samsung Electronics fell 5%, and SK Hynix dropped 4.5%. South Korean exchanges have activated the circuit breaker mechanism for the KOSDAQ index.

US and South Korean Stocks Monday Price Preview: SK Hynix and Samsung Electronics Projected to Rise 2%, US Pre-Market to Fluctuate Sideways

During the weekend when traditional stock markets are closed, Trade.xyz—dubbed the "on-chain Nasdaq"—enables continuous trading and real-time price discovery via perpetual contracts, capabilities traditional finance cannot provide, pricing in advance the upcoming Monday’s U.S. and South Korean stock market moves. Popular U.S. stock assets on Trade.xyz have posted mixed performance compared to their Friday after-hours levels, and are expected to consolidate with minor fluctuations ahead of Monday’s pre-market. Their weekend performance is as follows: SpaceX is trading at $154.3, versus $152.769 in U.S. Friday after-hours trading; Micron Technology (MU) is at $1138.2, versus $1133.5 in Friday after-hours; SanDisk (SNDK) is at $2102.7, versus $2109 in Friday after-hours; NVIDIA is at $193.63, versus $192.71 in Friday after-hours; Marvell Technology (MRVL) is at $270.28, versus $265.248 in Friday after-hours; Intel is at $128.13, versus $127.62 in Friday after-hours; Alphabet (Google) is at $340.48, versus $336.15 in Friday after-hours; AMD is at $519.36, versus $518.7 in Friday after-hours. Popular South Korean stock assets on Trade.xyz saw slight gains on Saturday, and are expected to rise around 2% at Monday’s opening. Their weekend performance is as follows: Samsung Electronics is at $224.11, up from $221.17 in Friday’s closing price; SK Hynix is at $1786.1, up from $1741.37 in Friday’s closing price.

Viewpoint: If AI sales grow strongly, the return on capital expenditure for AI operators is expected to turn positive within 24 months.

Renowned researcher Oguz Erkan’s data analysis indicates that based on current capital costs, operating margins of hyperscale cloud service providers, and depreciation periods, the return on investment (ROI) for AI capital expenditure will turn positive when AI revenue reaches roughly 1.7 to 1.8 times depreciation and amortization. Currently, AI revenue is approximately 1.2 times capital expenditure depreciation. Erkan projects that if AI sales grow robustly, the ROI is expected to turn positive within 24 months.

US stocks: Strong stocks that held up begin to catch down at the close, MSTR temporarily stabilizes

U.S. stocks closed, with the Dow Jones Industrial Average down 0.12%, S&P 500 slipping 0.07%, and Nasdaq Composite dropping 0.24%. Semiconductor and storage concept stocks, which had been strong recently, softened and corrected lower: Western Digital plunged 13%, Seagate Technology fell 12%, SanDisk declined 10%, Micron Technology dropped 6.6%, and Qualcomm slid 7%. Among high-profile stocks, SPCX and MSTR both temporarily stabilized: the former gained 0.15%, while the latter lost 3.54%. However, Strategy’s preferred stock STRC opened lower and moved higher, rebounding to $74.57.

SK Hynix fell 4%, while Samsung Electronics dropped over 3%; US-listed storage stocks declined in after-hours trading.

According to Bitget market data, SK Hynix declined 4% and Samsung Electronics fell over 3%. Additionally, some US-listed storage stocks edged lower in after-hours trading: Micron Technology (MU.O) dropped nearly 4%, Western Digital (WDC.O) and Marvell Technology (MRVL.O) fell 2%, and Qualcomm (QCOM.O) decreased 1%.

Apple and Microsoft hardware have both raised prices, with demand for AI chips driving up storage costs, potentially kicking off a wave of consumer electronics price hikes.

Apple and Microsoft have successively announced price hikes for their hardware products, which the market interprets as an early signal that surging demand for AI computing power is driving up storage chip costs and eventually passing those costs to consumers. For Apple, the starting price of the MacBook Neo has been raised from $599 to $699, the MacBook Air to $1,299, and the MacBook Pro to $1,999. The iPad Pro’s price has jumped sharply from $999 to $1,199, while the iPad Air is adjusted to $749. For Microsoft, just hours after Apple’s announcement, the tech giant followed suit, raising prices for its Xbox gaming console line citing rising storage chip costs: the 512GB Xbox Series S is up $100 to $499; the 1TB Xbox Series S and 1TB Xbox Series X each increased by $150, adjusted to $599 and $799 respectively; the Xbox Series X Digital Edition also rose to $749. Analysts point out that the root cause of this round of price hikes is that massive capital spending on AI continues to boost demand for storage chips such as HBM and NAND, leading to tighter supply and higher costs for chips needed in consumer electronics. The two tech giants’ successive hardware price hikes in a short span are viewed by the market as the start of an "AI-driven consumer electronics price surge", and whether other hardware makers will follow suit is under close watch.

OKX Star has built a strong presence in Europe over the past 8 years and will continue to expand its AI and compliant financial services operations.

OKX CEO Star posted on X that OKX has been building its presence in Europe since 2018, collaborating with regulators and the crypto community consistently over the past eight years as it transitions gradually from a tech company to a regulated fintech firm. He stressed that the platform has continuously corrected missteps and iterated rapidly throughout its development. OKX is the world’s first entity to secure a MiCA license, and also holds a Payment Institution (PI) license and a MiFID license. Currently, it offers services in Europe including euro deposit and withdrawal channels, zero-fee stablecoin payments via the Mastercard network, hundreds of spot trading pairs, and derivatives covering crypto assets, commodities, and stocks. On the product side, OKX has developed Agentic infrastructure enabling users to interact with the platform via AI Agents, and is continuously rolling out new products tailored for next-generation financial experiences. Star also added that OKX is the first global platform to publish Proof of Reserves (PoR) for more than 40 consecutive months, with its consolidated financial statements audited by the Big Four accounting firms to boost transparency and financial governance.

The "Retail vs. Wall Street" concept-linked token WEN continues its strong run, rising over 18% in after-hours trading.

According to Bitget market data, Wendy's (WEN) rallied 25.66% in the regular trading session, then climbed an extra 18.96% in after-hours trading, now changing hands at $9.35. Earlier reports noted that Serenity took to Twitter to mock the latest meme stock movement unfolding on Reddit's high-risk trading communities, targeting U.S. fast-food chain Wendy's. The Reddit community's meme warning reads: "If Wendy's goes bankrupt, we'll all be out of jobs, and after losing all our trading money, we'll have to work behind Wendy's trash cans." Serenity later clarified that they hold no positions, only found the activity amusing, and added they were unsure if the campaign would succeed. Wendy's holds a special cultural status on Reddit's WallStreetBets community; for years, "working behind Wendy's trash cans" has been a staple joke among retail investors mocking their trading losses.

SK Hynix's stock price rise widened to 15.4%, while Samsung Electronics gained 6.3%.

According to Bitget data, SK Hynix’s stock price gain has widened to 15.4%, with Samsung Electronics up 6.3%.

The entire cryptocurrency market is down across the board; funding rates indicate BTC remains in bearish territory, while ETH’s bullish sentiment is significantly stronger than BTC’s.

According to HTX market data, Bitcoin is currently trading at $61,684.51, down 1.88% in the past 24 hours; Ethereum is at $1,647.36, down 1.48% over the same period. Current funding rates on major centralized exchanges (CEXs) show a clear divergence between BTC and ETH: BTC rates across all platforms have fallen back into bearish territory, while ETH rates on most platforms remain above the neutral range, indicating significantly stronger bullish sentiment for ETH than BTC. BlockBeats Note: Funding rates are fees set by cryptocurrency trading platforms to maintain the balance between contract prices and underlying asset prices, typically applicable to perpetual contracts. They serve as a fund exchange mechanism between long and short traders; platforms do not collect these fees, instead using them to adjust the cost or return of traders holding contracts, so that contract prices stay close to the underlying asset prices. A funding rate of 0.01% is the benchmark. A rate above 0.01% indicates broad bullish market sentiment, while a rate below 0.005% signals widespread bearish sentiment.

Micron's conference call delivers strong signals: the memory shortage will continue until 2028, and AI long-term contracts are rewriting the industry cycle narrative.

Micron Technology (MU) revealed in its early-morning earnings call that its strategic customer agreements rose from 1 to 16 sequentially, covering roughly 20% of its DRAM shipments and around one-third of its NAND shipments. Of these deals, 14 calculated at minimum contract prices represent a cumulative remaining revenue of approximately $100 billion. CEO Sanjay Mehrotra said these agreements will "fundamentally transform" the company’s business model. The key takeaway for the market is that Micron is being repositioned from a highly cyclical memory stock to an AI infrastructure provider with far greater revenue visibility. During the call, Micron disclosed it expects industry tightness to persist beyond 2027, and even as supply gradually improves in 2028, there is no clear timeline for supply to catch up with demand. Management attributed this gap to the large scale, complexity, and long lead times of new semiconductor fab construction. CFO Mark Murphy noted that DRAM revenue jumped 343% year-over-year to $31.3 billion, while NAND revenue surged 361% YoY to $9.9 billion. DRAM prices rose in the low-60% range, and NAND prices increased in the mid-80% range. He explained that the quarter’s earnings, which handily beat market expectations, were driven more by pricing power and supply-demand imbalances rather than just shipment volume. The company forecasts capital expenditure of roughly $10 billion this quarter, and $27 billion for full fiscal 2026. Fiscal 2027 quarterly capex will exceed the FY2026 fourth quarter level, with more than half allocated to cleanroom construction. However, the CFO also stated that free cash flow for the current quarter is expected to continue rising sharply. Overall, the call’s messaging sent three key signals to the market: persistent memory shortages, customer willingness to sign long-term agreements, and further upside for prices. This drove Micron’s (MU) shares to surge nearly 16% in U.S. post-market trading.

Micron posted strong quarterly results, with its quarterly revenue and next-quarter outlook significantly exceeding market expectations. Its stock surged nearly 16% in after-hours trading, driving a broad rally across the storage sector.

According to its official financial report, Micron Technology (MU.O) reported Q3 fiscal 2026 revenue of $41.456 billion, beating market expectations of $35.423 billion and surging from $9.301 billion in the year-ago period. The company issued Q4 fiscal revenue guidance of $50 billion, against market expectations of $42.915 billion. Micron CEO Sanjay Mehrotra stated: "Micron’s record-breaking Q3 fiscal financial results and stronger Q4 outlook reflect the strategic value of memory chips in the AI era. We believe our multi-year strategic customer agreements will significantly enhance the durability and predictability of Micron’s strong financial performance." Micron’s Q3 report showed net profit of $28.24 billion, or $24.67 per share, up from $1.89 billion, or $1.68 per share, in the same period last year. Excluding certain one-time items, Micron reported adjusted earnings per share (EPS) of $25.11, exceeding analysts’ consensus estimate of $20.86. Driven by the quarterly revenue and outlook that topped expectations, as of press time, Micron jumped 15.95% in post-market trading on the U.S. stock market, also lifting other memory stocks sharply: Seagate (STX) rose 10.21%, Western Digital (WDC) gained 12.31%, and SanDisk (SNDK) surged 15.77%.

Data: Total value locked (TVL) in DeFi fell by 39% cumulatively in 2026, with TRON and Hyperliquid growing against the trend.

CryptoRank’s latest report shows that decentralized finance (DeFi) total value locked (TVL) has declined for six consecutive months, falling from around $115 billion in January 2026 to roughly $70 billion currently, marking a 39% year-to-date drop, a trend reflecting the ongoing correction following the 2025 crypto market peak. Data indicates that 121 security incidents have occurred in the DeFi space since the start of 2026, resulting in total losses of approximately $942 million. Among these, 85 attacks took place in the second quarter, causing around $775 million in losses, making it one of the most attack-prone quarters on record. The April attacks on Drift Protocol ($295 million) and KelpDAO ($293 million) alone account for more than half of the year’s total losses. Among the top 10 public blockchains by TVL, only TRON and Hyperliquid have posted positive growth. TRON’s year-to-date TVL rose by around 5%, driven primarily by demand for USDT transfers, stablecoin settlements, and lending services. Hyperliquid’s TVL grew by roughly 6.7%, fueled by its leading position in the on-chain perpetual contracts market and the expansion of its HyperEVM ecosystem. However, the report notes that the current DeFi downturn is significantly milder than the 2021–2022 cycle. Back then, DeFi TVL plummeted by over 70% in just seven months, while current capital is flowing more into segments like stablecoins, real-world assets (RWA), derivatives, and infrastructure, making the market structure more diversified and mature than in the previous cycle.

South Korea has postponed its weekly single-stock option plans, which are intended to cover SK Hynix, Samsung Electronics, and other firms.

South Korea has delayed the single-stock weekly option plan originally scheduled for June 29, which covers stocks including SK Hynix and Samsung Electronics. Single-stock weekly options are derivatives based on individual equities that expire weekly, designed to enhance market trading flexibility and risk management efficiency. This move further signals that after sharp stock market swings, regulators are concerned about market conditions. A Korea Exchange representative stated, "No decision has been made yet." Earlier, South Korea’s financial regulators expressed regret over the launch of single-stock leveraged ETFs last month, warning that their negative side effects have intensified.

Report: Samsung Electronics and SK Hynix leveraged ETFs face a reality check

Derivatives and quantitative strategist Gordenz Schneider noted in a report published on Smartkarma that the 2x leveraged exchange-traded funds (ETFs) tracking Samsung Electronics and SK Hynix would need to rise roughly 33% to rebound to their June 22 levels, implying a corresponding ~16.5% bounce in the underlying stocks. The report added that both Samsung Electronics and SK Hynix saw double-digit share price drops on Tuesday, dragging the related ETFs down nearly 25%—the Samsung 2x leveraged ETF has fallen 5.4% in total since its launch on May 27. He stated that South Korea’s newly launched single-stock 2x leveraged ETFs can boost returns in trending markets, but they will quickly erode in value amid high market volatility, making them most suitable for short-term tactical momentum investments.

South Korean stocks closed up over 3%, with Samsung Electronics gaining nearly 10%.

According to Bitget market data, the Nikkei 225 index closed down 613.41 points on Wednesday, June 24, a 0.88% drop, at 69,174.97 points. South Korea’s KOSPI index saw sharp intraday swings: it surged over 4% in early trading, turned negative (down 1%) at one point, then rallied again in the afternoon to gain over 4%, closing up 303.97 points, a 3.71% rise, at 8,507.81 points. Samsung Electronics closed nearly 10% higher, while SK Hynix rose nearly 1%.

South Korea's KOSPI index turned positive in afternoon trading, surging more than 2.7%, while Samsung Electronics rose 7.8%.

According to Bitget market data, South Korea’s KOSPI index rebounded in the afternoon, currently rising more than 2.7%. Samsung Electronics gained 7.8%, SK Hynix turned positive with an increase of over 1.9%, while the Hong Kong-listed Nanfang Double Leveraged Hynix Bull rose 2.8%.

Analysis: Bitcoin has strong support near the $60,000 level ahead of this Friday’s options expiration, signaling a phased bottom.

Analyst Murphy noted that Bitcoin will hold strong support near $60,000 around the June 26 (this Friday) options expiration, making it unlikely to drop below this level easily. On the corresponding Gamma chart, the $59,000–$62,000 range shows significant positive Gamma; market makers’ hedging activities will suppress volatility, anchoring prices in this zone. Meanwhile, put option positions totaling 4,620 BTC have accumulated at the $60,000 strike price, forming a robust put wall that generates massive buying power to provide solid support when prices approach this level. Historically, similar option structures have mostly aligned with interim bottoms or the conclusion of pullbacks. Analyst Murphy considers $60,000 still a strong short-term support level, taking a cautiously optimistic stance on Bitcoin’s near-term performance.

Strategist: Tech Stocks to Shake Off Sell-Off, Strong Earnings to Act as Lifeline

Evercore ISI’s Julian Emanuel said mega-cap tech stocks will regain investor favor after the sell-off in recent weeks, which has dragged down some of the sector’s largest companies by more than 10% in share price. “You will see solid earnings,” said Emanuel, Evercore’s chief equity and quantitative strategist. Earnings fueled a “strong rally” in April and May, and will now again serve as the “only true test of value.”

Tron reached 3.93M active addresses in the past 24 hours, far ahead of all other blockchains.

Tron reached 3.93M active addresses in the past 24 hours, far ahead of all other blockchains.

「Hedge Fund Witch」 Li Bei's Letter to Investors: Fund NAV Significantly Retraced, Strongly Cautions Against Hasty AI Chasing

June 22. On June 21, Li Bei, founder of Shanghai-based Shanghai Banxia Investment Management Center, released an open letter to investors, revealing that her fund recorded a significant net asset value (NAV) decline due to its holdings in the energy, real estate, consumer, and building materials sectors. The fund’s current net equity exposure is 50%, with positions moderately reduced by liquidating holdings with insufficient conviction. In the letter, Li Bei openly admitted that the relevant holdings have come under heavy pressure recently, with corrections in the domestic demand and real estate sectors exceeding expectations. The most attention-grabbing part of the letter directly addressed current market sentiment: She fully understands investors who have lost patience, respects those choosing to redeem and remain on the sidelines, but for those looking to redeem to chase AI gains, she said, “Even if you scold me, I still want to advise: please be cautious.” Regarding the reasoning

South Korea's KOSPI Opens Down 1.2%, Led by Samsung Electronics

June 22 (Bitget Data) — South Korea’s KOSPI index opened lower on Monday, dropping 108.82 points, or 1.2%, to 8943.6 points. Tech giant Samsung Electronics led the decliners with a 2.54% decline, while SK Hynix gained 0.43%.

US and South Korean Stock Price Forecast on Monday: MRVL, AMD, Intel Expected to Slightly Rise in Pre-market Trading, Micron and Samsung Electronics Set to Open Higher

**June 21 Update: U.S. Stock Market Closed 3 Straight Days; On-Chain Platform Trade.xyz Pre-Prices Monday’s U.S. & South Korean Equities** The U.S. stock market has been shuttered for three consecutive days, while on-chain Nasdaq-related platform Trade.xyz now offers continuous trading via perpetual contracts—providing real-time price discovery unavailable in traditional finance to set preliminary pricing for Monday’s U.S. and South Korean stock markets. Popular U.S. stocks on Trade.xyz show mixed weekend performance relative to Friday’s after-hours levels; slight gains are forecast for MRVL, AMD, and Intel in Monday’s pre-market session. Per Bitget market data: - SpaceX: Currently trading at $181.2 (vs. Friday’s close of $181.6) - Micron (MU): $1145.7 (vs. Friday’s $1151.01) - Sandisk (SNDK): $2227.4 (vs. Friday’s $2209.87) - NVIDIA: $209.34 (vs. Friday’s $210.33) - Marvell Technology (MRVL): $316.8 (vs. Friday’s $313.57) - Intel: $138.38 (vs. Friday’s $134.16) - G

Manus Revenue Growth Strong, Early Investors Driving Buyback

June 18. Agentic AI startup Manus achieved rapid commercialization shortly after its launch. By the end of 2025, the company’s annual recurring revenue (ARR) stood at roughly $100 million, with a total revenue run rate exceeding $125 million. Its month-over-month growth rate topped 20%, earning Manus the title of “the fastest startup to reach $100 million in ARR.” Against this backdrop, Manus’ early investors and Asian stakeholders hold differing perspectives. Asian backers are leaning toward a reverse merger with Meta that adheres to Chinese regulatory requirements, while a buyback financing option is now drawing fresh interest—fueled by Manus’ revenue potential, which is projected to hit nearly $1 billion in 2026. Per two individuals familiar with the matter, Manus’ early Chinese supporters are planning to repurchase the company from Meta at a $2 billion price, an amount Meta originally paid for Manus. Click the original link below to join BlockBeats’ Feishu AI News Channel, which

Hyperliquid ETF Maintains Strong Net Inflow Trend, Attracts $28 million in New Funds in the Past Three Days but Inflow Slows Down

June 18 update: Per monitoring from Hyperinsight (via its Telegram channel at https://t.me/HyperInsight), Hyperliquid-related ETFs have seen a total net inflow of $28 million over the past three days. Of that total, Bitwise’s BHYP led inflows with a $24.5 million net addition; HYPG brought in $2.2 million, while THYP accounted for $1.3 million. Since launching, this category of ETFs has accumulated $182.5 million in total net inflows. However, daily inflows have been on a steady decline in recent days. As of the last trading day, the daily net inflow dropped to $2.1 million. Turning to HYPE token spot demand: the expected net purchase from TWAP orders over the next 24 hours is roughly $9.3 million, with a suspected address linked to a16z remaining the primary buying source. Additionally, the HyperInsight Bot is now live. To add it to your Telegram community, search for @HyperInsightBot, grant it admin permissions, and enable message-sending access — this will allow it to automatical

US Stock Optoelectronics Concept Stocks Soar Together, CRDO Surges Over 6%

June 17: U.S. optoelectronics concept stocks rallied across the board, per Bitget data. Credo Technology (CRDO) surged over 6%, AXT Inc (AXTI) climbed more than 5%, Astera Labs (ALAB) and Marvell Technology (MRVL) each rose over 4%, while Coherent (COHR) and Ciena (CIEN) added more than 2%.

Samsung Electronics Advances 10nm-Class 7th Gen 1d DRAM Production, Plans to Introduce Devices in First Half of Next Year

June 17 — Citrini researcher Jukan reports that Samsung Electronics is ramping up preparations to mass-produce its 10nm-class 7th-generation 1d DRAM. The company plans to roll out the required production equipment in the first half of next year, with initial mass production targeted as early as the end of next year. Currently, Samsung’s 1c DRAM has a line width of roughly 11 to 12nm; the upcoming 1d variant will shrink that measurement to 10 to 11nm, a tweak designed to boost both performance and energy efficiency. While this process technology is already fairly advanced, key production equipment remains in the development stage. Samsung and its partners are focused on optimizing yield and performance, and they plan to finalize a more precise timeline for the project by the end of this year. The 1d DRAM will serve as a foundational component of Samsung’s AI memory business, particularly supporting the planned commercial launch of its highly anticipated HBM5E high-bandwidth memory co

South Korea's KOSPI Index rose by 0.83%, with Samsung Electronics posting an intraday gain of 4.62%.

June 17 – According to Bitget market data, South Korea’s KOSPI index gained 0.83% intraday, while Samsung Electronics surged 4.62% during the same trading session.

Morgan Stanley: AI Servers Boost Demand for High-End MLCCs, Murata Emerges as Top Choice for Japanese Electronic Components

On June 17, Morgan Stanley noted that AI servers and data centers will fuel explosive demand growth for high-end multilayer ceramic capacitors (MLCCs). Murata Manufacturing Co., Ltd. stands out as the top pick in Japan’s electronics components sector, thanks to its ability to consistently mass-produce small, high-capacity MLCCs—an edge no peer has matched yet. In a June 16 research report, analysts including Shoji Sato sharply raised Murata’s price target from ￥5,100 to ￥12,500, maintained an Overweight rating, and named the Japanese firm their industry Top Pick. The report projects Murata will hold a 40.8% share of the global MLCC market by 2025, outpacing rivals Samsung Electro-Mechanics and Taiyo Yuden. Morgan Stanley forecasts global MLCC shipment values will jump from $14.67 billion in 2025 to $24.25 billion in 2028, translating to a 18.2% compound annual growth rate (CAGR) over the three-year period. Demand for small, high-capacity, high-value MLCCs tailored to AI servers a

Oil Price Plunges Over 10% on the 5th Day, Historical Data Suggests Strong Potential for US Stocks

June 17: Data from SentimenTrader shows that crude oil has fallen 10.31% cumulatively over the past five trading days, while the long-term U.S. Treasury bond ETF (TLT) has gained 1.30% in the same period. Historical records since 2008 indicate that when the market sees a similar mix—sharp declines in oil prices paired with rising long-term U.S. Treasuries—the S&P 500 index has an 85% probability of rising over the subsequent 12 months, with a median one-year gain of roughly 17.04%. This market dynamic typically signals rapidly easing inflationary pressure and more accommodative financial conditions.

Robotech disclosed that its subsidiary has partnered with NVIDIA to co-package the Optoelectronics Project. During the bidding phase, the stock price temporarily hit the daily limit up.

June 17: Roborock Technology (300757) announced that its wholly owned subsidiary FSG is collaborating with NVIDIA to co-develop manufacturing and testing solutions for next-generation Co-Packaged Optics (CPO) and optical interconnect technologies. The initiative aims to accelerate the industrialization of advanced silicon photonic devices and optical engines to support demand for AI deployments. In reaction to the news, Roborock’s stock climbed during the opening call auction at 9:23 a.m. local time, trading at 695 yuan—up 45 yuan, or 6.92%, from its previous close. The average opening price hit 650 yuan, giving the company a market capitalization of 116.49 billion yuan. At one point, the stock neared its 20% daily price limit of 780 yuan in the opening auction. However, the company flagged a critical risk in its announcement: The next-gen products and technologies are still in the co-development stage with customers, have not been commercialized, and Roborock currently holds no rela

Asian Stock Markets Open Lower, Samsung Electronics Drops 3%

According to Bitget market data, as of June 17, the Nikkei 225 Index opened lower today, falling 381.75 points, or 0.55%, to 69,022.75 points. The South Korean KOSPI Index opened with a 106.53-point decline, or 1.22%, at 8,620.07 points, and Samsung Electronics slid 3%.

Guangfa Bank Hong Kong: Short-term Volatility Increases in AI Hardware Chain, But Fundamentals Remain Strong

June 16 | Guotai Junan Hong Kong noted the global semiconductor sector has seen a sharp short-term rally, with investor profit-taking potentially triggering swifter rotation. Still, AI infrastructure, rising storage prices, and strong demand for advanced packaging will underpin the tech hardware market. In its June 16 Overseas Technology Monthly Report, analysts led by Jeff Pu pointed out the Philadelphia Semiconductor Index trades at roughly 32x earnings, facing near-term macroeconomic uncertainty and trading congestion. Yet semiconductor and AI fundamentals stay solid, supported by healthy inventories, better-than-expected PC demand, and a rebound in automotive and industrial sector demand. While platforms like Blackwell have cut per-token costs, agent-driven tasks are driving higher token consumption, pushing total AI spending higher, the report noted. Guotai Junan Hong Kong also highlighted that AI model firms like OpenAI and Anthropic boast strong Annual Recurring Revenue (ARR),

US Optoelectronics Sector Sees Mixed Pre-market Trading, AAOI Up 2.6%

On June 16, per Bitget market data, pre-market trading in the U.S. optical communications sector showed mixed performance: NOK slipped 0.34%, AAOI climbed 2.6%, LITE declined 0.75%, and MRVL fell 1.72%.

Munster: US-Iran agreement electronically signed on Sunday

June 15 (CNN) — U.S. Vice President JD Vance announced that the U.S.-Iran agreement was signed electronically over the weekend, making the deal effective immediately, and Iran will not receive any newly unfrozen funds. In an appearance on ABC TV, Vance said: “We signed the agreement electronically yesterday, and so far, no funds have been released. That will stay that way.” While there had been prior speculation about an electronic signature ahead of the full deal being finalized, that detail was only confirmed publicly now. Separately, former President Trump announced Sunday that the formal in-person signing ceremony for the agreement will take place in Switzerland this Friday. In his announcement of the deal, Trump noted: “As the strait reopens in conjunction with Friday’s agreement signing, it creates conditions for demining work, and oil will flow again from both ends of the strait to the region and beyond!”

Morgan Stanley: Confidence in the Current Bull Market Remains Strong, U.S. Stock Rally to Further Broaden

June 15 – A Morgan Stanley strategist stated Tuesday that the U.S. stock market may get an extra lift from fund rotations into cyclical, economically sensitive sectors, which lagged during the Iran conflict. The strategist pointed out that rising traffic in the Strait of Hormuz, alongside signs of easing pressure from interest rates, oil prices, and the U.S. dollar on equities, are expected to push undervalued stocks to the forefront of the market’s leaders. Previously, the market rally has been heavily concentrated in high-growth tech stocks. The S&P 500 Index is currently roughly 2% away from its all-time high. The strategist also added that the recent pullback in the U.S. stock market has been led by semiconductor stocks, driven mainly by a slowdown in earnings momentum rather than worsening fundamentals. In a bull market fueled by earnings growth, such pullbacks after a stretch of strong gains are par for the course. “There may still be more volatility in the weeks ahead, but our